TSE:CFP Canfor (CFP) Stock Forecast, Price & News C$19.17 -0.02 (-0.10%) (As of 06/1/2023 ET) Add Compare Share Share Today's RangeC$18.86▼C$19.3950-Day RangeC$19.17▼C$22.0952-Week RangeC$18.42▼C$28.08Volume158,033 shsAverage Volume185,414 shsMarket CapitalizationC$2.31 billionP/E Ratio20.61Dividend YieldN/APrice TargetC$28.20 ProfileProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesHeadlinesSocial Media About Canfor (TSE:CFP) StockCanfor Corporation operates as an integrated forest products company in the United States, Asia, Canada, Europe, and internationally. It operates through two segments, Lumber, and Pulp and Paper. The company manufactures and sells finger-jointed lumber, engineered wood products, wood chips and pellets, and logs, as well as custom specialty products, including strength-rated trusses, beams, and tongue-and-groove timber; and generates green energy. It also produces and sells pulp and paper products, including bleached and unbleached softwood kraft pulp, as well as bleached, colored, and unbleached kraft paper. The company was founded in 1938 and is headquartered in Vancouver, Canada.Read More Receive CFP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Canfor and its competitors with MarketBeat's FREE daily newsletter. Email Address CFP Stock News HeadlinesMay 23, 2023 | theglobeandmail.comClosing Bell: Canfor Corp down on Friday (CFP)May 10, 2023 | americanbankingnews.comRaymond James Comments on Canfor Co.'s Q3 2023 Earnings (TSE:CFP)June 2, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.May 9, 2023 | americanbankingnews.comCanfor (TSE:CFP) Price Target Cut to C$27.00May 8, 2023 | americanbankingnews.comCanfor (TSE:CFP) PT Lowered to C$27.00 at Royal Bank of CanadaMay 7, 2023 | finance.yahoo.comCanfor First Quarter 2023 Earnings: Revenues Beat Expectations, EPS LagsMay 7, 2023 | americanbankingnews.comCanfor (TSE:CFP) PT Lowered to C$29.00 at ScotiabankMay 6, 2023 | finance.yahoo.comAnalysts Are Updating Their Canfor Corporation (TSE:CFP) Estimates After Its First-Quarter ResultsJune 2, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.May 5, 2023 | americanbankingnews.comCanfor (TSE:CFP) Price Target Lowered to C$32.00 at Raymond JamesMay 5, 2023 | americanbankingnews.comCanfor (TSE:CFP) Given New C$26.00 Price Target at TD SecuritiesMay 3, 2023 | finance.yahoo.comCANFOR REPORTS RESULTS FOR FIRST QUARTER OF 2023May 3, 2023 | americanbankingnews.comCanfor (CFP) Scheduled to Post Earnings on ThursdayApril 26, 2023 | finance.yahoo.comRecent 5.0% pullback isn't enough to hurt long-term Canfor (TSE:CFP) shareholders, they're still up 119% over 3 yearsApril 14, 2023 | theglobeandmail.comClosing Bell: Canfor Corp up on Friday (CFP)April 11, 2023 | theglobeandmail.comClosing Bell: Canfor Corp up on Monday (CFP)March 1, 2023 | finance.yahoo.comCANFOR ANNOUNCES 2022 AND FOURTH QUARTER OF 2022 RESULTSDecember 20, 2022 | finance.yahoo.comAt CA$21.40, Is It Time To Put Canfor Corporation (TSE:CFP) On Your Watch List?December 5, 2022 | finance.yahoo.comCanfor Temporarily Curtailing Canadian Production CapacityOctober 27, 2022 | finance.yahoo.comCANFOR REPORTS RESULTS FOR THIRD QUARTER OF 2022October 19, 2022 | yahoo.comElizabeth McCracken on Brit Bennett, 'Bel Canto,' and the Book That She Always Recommends - Yahoo LifeOctober 18, 2022 | dailymail.co.ukBayern Munich's Sadio Mane delivers heart-warming speech after winning the Socrates Award - Daily MailOctober 17, 2022 | finance.yahoo.comCanfor Pulp Temporarily Curtailing Intercontinental Pulp Mill - Yahoo FinanceOctober 17, 2022 | businesswire.comFourKites Awarded Patent for Unprecedented Visibility into End-to-End Ocean Documentation - Business WireOctober 14, 2022 | forbes.comHousehold Finances: Hunt To Chancellor As Kwarteng Carries Can For Turmoil - ForbesOctober 13, 2022 | macrumors.comZuckerberg: Apple 'Charges As Much As It Can' for Hardware, But Meta Is Willing to Sell at a Loss to Grow the Metaverse - MacRumorsOctober 12, 2022 | businessinsider.comMark Zuckerberg said Apple charges as much as it can for hardware - Business InsiderSee More Headlines CFP Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CFP Company Calendar Last Earnings7/26/2017Today6/01/2023Next Earnings (Estimated)7/27/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Lumber & Wood Production Sub-IndustryN/A SectorBasic Materials Current SymbolTSE:CFP CUSIPN/A CIKN/A Webwww.canfor.com Phone+1-604-6615241FaxN/AEmployees7,391Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$28.20 High Stock Price ForecastC$32.00 Low Stock Price ForecastC$26.00 Forecasted Upside/Downside+47.1%Consensus RatingBuy Rating Score (0-4)3.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.93 Trailing P/E Ratio20.61 Forward P/E Ratio25.37 P/E GrowthN/ANet IncomeC$111.30 million Net Margins1.69% Pretax MarginN/A Return on Equity3.21% Return on Assets2.63% Debt Debt-to-Equity Ratio8.49 Current Ratio3.20 Quick Ratio2.14 Sales & Book Value Annual SalesC$6.60 billion Price / Sales0.35 Cash FlowC$10.69 per share Price / Cash Flow1.79 Book ValueC$33.81 per share Price / Book0.57Miscellaneous Outstanding Shares120,650,000Free FloatN/AMarket CapC$2.31 billion OptionableNot Optionable Beta2.05 Key ExecutivesMr. Donald B. Kayne (Age 64)Pres, CEO & Director Comp: $3.25MMr. Patrick A. J. ElliottCFO & Sr. VP of SustainabilityMr. David M. Calabrigo (Age 63)Sr. VP of Corp. Devel. & Legal Affairs and Corp. Sec. Comp: $1.67MMr. Kevin PankratzSr. VP of Sales & MarketingMr. Stephen MacKieExec. VP of North American OperationsMr. Daniel BarwinDirector of Corp. Fin.Ms. Michelle WardSr. Director of Communications and Gov. RelationsMs. Katy PlayerSr. VP of PeopleMr. David TrentSr. VP of Supply Chain & DigitalMr. Måns JohanssonChief Exec. Officer at Vida GroupMore ExecutivesKey CompetitorsNuVista EnergyTSE:NVAStelcoTSE:STLCEro CopperTSE:EROVermilion EnergyTSE:VETEQBTSE:EQBView All Competitors CFP Stock - Frequently Asked Questions Should I buy or sell Canfor stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canfor in the last year. There are currently 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CFP shares. View CFP analyst ratings or view top-rated stocks. What is Canfor's stock price forecast for 2023? 4 brokerages have issued twelve-month target prices for Canfor's stock. Their CFP share price forecasts range from C$26.00 to C$32.00. On average, they predict the company's stock price to reach C$28.20 in the next year. This suggests a possible upside of 47.1% from the stock's current price. View analysts price targets for CFP or view top-rated stocks among Wall Street analysts. How have CFP shares performed in 2023? Canfor's stock was trading at C$21.31 on January 1st, 2023. Since then, CFP shares have decreased by 10.0% and is now trading at C$19.17. View the best growth stocks for 2023 here. When is Canfor's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023. View our CFP earnings forecast. How were Canfor's earnings last quarter? Canfor Co. (TSE:CFP) released its earnings results on Wednesday, July, 26th. The company reported $0.78 earnings per share for the quarter, beating analysts' consensus estimates of $0.52 by $0.26. The firm had revenue of $1.19 billion for the quarter. Canfor had a trailing twelve-month return on equity of 3.21% and a net margin of 1.69%. What other stocks do shareholders of Canfor own? Based on aggregate information from My MarketBeat watchlists, some companies that other Canfor investors own include West Fraser Timber Co. Ltd. (WFT.TO) (WFT), Air Canada (AC), Interfor (IFP), Toronto-Dominion Bank (TD), Canadian National Railway (CNR), Dollarama (DOL), Bank of America (BAC), Kinaxis (KXS), Magna International (MG) and TELUS (T). What is Canfor's stock symbol? Canfor trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CFP." How do I buy shares of Canfor? Shares of CFP stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. What is Canfor's stock price today? One share of CFP stock can currently be purchased for approximately C$19.17. How much money does Canfor make? Canfor (TSE:CFP) has a market capitalization of C$2.31 billion and generates C$6.60 billion in revenue each year. The company earns C$111.30 million in net income (profit) each year or C$0.93 on an earnings per share basis. How many employees does Canfor have? The company employs 7,391 workers across the globe. How can I contact Canfor? Canfor's mailing address is 100-1700 75th Ave W, VANCOUVER, BC V6P 6G2, Canada. The official website for the company is www.canfor.com. The company can be reached via phone at +1-604-6615241. This page (TSE:CFP) was last updated on 6/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Canfor Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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